Sea reported group revenue of $3.73 billion for the January-March period, up 23% on the year.
Technology

Singapore's Sea posts record revenue in Q1 on e-commerce growth

Tech group 'on track' for second straight annual profit despite stiff competition

15 May 2024
Lawrence Wong, left, will succeed Lee Hsien Loong as Singapore's prime minister on May 15. (Nikkei montage/Source photos by AP and Tomoki Mera)
Asia Insight

New Singapore PM Lawrence Wong's test: Change with continuity

Incoming leader expected to 'refresh' job support, 'listen' to diverse voices

14 May 2024
Lawrence Wong attends the G20 Finance Ministers and Central Bank Governors Meeting in Bali in July 2022. He will stay as finance minister after becomes prime minister on May 15.
Politics

Singapore's Lawrence Wong retains finance chief post after becoming PM

Trade Minister Gan to be promoted to deputy prime minister in new cabinet

13 May 2024
Masuda & Partners Law Office in Tokyo is rekindling its efforts to organize holders of AT1 bonds issued by the now-defunct Credit Suisse, as a new approach to funding litigation has become available. (Photo by Kenji Kawase)
Finance

Tokyo law firm reboots drive to build Credit Suisse AT1 bond claims

Funding collaboration via Singaporean firm and litigation financer expected to boost interest

13 May 2024
Lionsbot, a developer of cleaning robots based in Singapore, has expanded its production capacity to 4,000 units a year. (Photo by Tsubasa Suruga)
Startups

Singapore's industrial robot startups eye global markets

Backed by government, hardware makers grow amid labor crunch

13 May 2024
U.S. President Joe Biden, center, with Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida at an IPEF event in Tokyo in 2022.
Opinion

Asia-Pacific free trade pacts have been a big success for the U.S.

Singapore agreement shows benefits in terms of strategic competition with China

13 May 2024
Singapore's new leader, currently Deputy Prime Minister Lawrence Wong, speaks to media on April 16. 
Your Week in Asia

Wong takes helm in Singapore, Japan economy data, Australia budget

Your weekly lineup of Asia's biggest business and political events

12 May 2024
Persistent inflation has led central banks to refrain from cutting interest rates, increasing pressure on borrowers servicing payments and on banks' payouts to depositors.
Finance

ASEAN banks grapple with uncertain U.S. Fed interest rate cuts

From loan stresses to payouts, lenders manage murky financing prospects

10 May 2024
A logo of Credit Suisse outside its office building in Hong Kong in March 2023.
Finance

Law firms rally Asian claimants against Switzerland over AT1 bond wipeout

London-based Withers works to organize action over UBS-Credit Suisse deal

9 May 2024
Amazon Web Services is joining rival U.S. tech giants investing in the fast-growing Southeast Asian digital market.
Technology

Amazon to invest $9bn in Singapore to boost cloud computing

U.S. operator joins Microsoft, Apple in Southeast Asia investment pledges

7 May 2024
Jollibee founder Tony Tan is part-owner of the Philippine real estate company DoubleDragon, which fully owns the hospitality brand Hotel101. (Nikkei montage/Source photos by Getty Images and Hotel 101) 
IPO

Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs

Philippine fast-food king plans to disrupt hospitality sector with Hotel101

7 May 2024
Incoming Singaporean Prime Minister Lawrence Wong, left, with Indonesian President-elect Prabowo Subianto in Bogor, Indonesia on April 29. 
Opinion

New Singapore PM Wong will bring in a greater degree of openness

Incoming leader conservative but not reflexively defensive about criticism

7 May 2024
An IT engineer works at startup incubator in Singapore. The city-state is traditionally Southeast Asia's startup market. (File photo by Akira Kodaka)
Startups

Southeast Asia's startup fundraising lowest in over 5 years

Survey finds equity investment fell 41% on year in Q1 as funding winter persists

3 May 2024
DBS reported a record quarterly profit of 2.96 billion Singapore dollars for the January to March quarter. 
Finance

Singapore's DBS fights for trust after regulatory sanctions

Lender's CEO sees 'more work to do' on services despite record Q1 net profit

2 May 2024
Singapore's Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo meet at the Presidential Palace in Bogor, Indonesia April 29.
International relations

Singapore's Lee and Indonesia's Jokowi talk electricity trade

Lawrence Wong and Prabowo Subianto join predecessors' final retreat

29 April 2024
Stream article image
Announcements

Nikkei Group Asia and Sunway University to establish a cooperative relationship

Two parties will further development of student education in Asia

29 April 2024
Lai Pin Yong, co-founder and chairman of Malaysia's Blue Chip Venture Capital, speaks during an interview in Kuala Lumpur on April 22. (Photo by Hakimie Amrie)
Startups

Malaysian chip-focused venture fund to invest in over 10 startups

Blue Chip founder says $209m fund helps country's semiconductor industry

27 April 2024
Decarbonization Partners, a joint venture between Temasek Holdings and BlackRock, on Thursday announced the final closing of its fund. (Source Photos by Reuters and AP)
Climate Change

Singapore's Temasek and BlackRock venture closes $1.4bn climate fund

Japan's Mizuho and MUFG join investment vehicle to push decarbonization

25 April 2024
Lawrence Wong, the 51-year-old deputy prime minister of Singapore, will succeed Prime Minister Lee Hsien Loong on May 15. (Nikkei montage/Source photos by Ken Kobayashi, Mayumi Tsumita and Reuters)
Asia Insight

Lawrence Wong, Singapore's next PM, seeks growth in 'troubled world'

From falling births to regional hub race, challenges will mount after May handover

23 April 2024
Singaporean Prime Minister Lee Hsien Loong, left, and Deputy Prime Minister Lawrence Wong. (Source photos by Uichiro Kasai and Mayumi Tsumita)
Politics

Lee Hsien Loong to step down as Singapore prime minister in May

51-year-old Wong to take over in city's first leadership change in 20 years

16 April 2024
Jewel Changi Airport, a popular tourist spot in Singapore. The city-state's economy grew 2.7% in the first quarter of 2024.
Economy

Singapore Q1 GDP growth ticks up to 2.7% on 'strong' tourism recovery

City-state keeps monetary policy unchanged as inflation remains sticky

12 April 2024
Singapore has long been a hub for Japanese companies' regional headquarters. (Photo by Fumika Sato)
Business trends

Singapore loses shine as Southeast Asia base for multinationals

Japanese and European companies weigh setting up elsewhere over costs

10 April 2024
At least three Singapore-listed REITs have increased their stakes in data centers over the past year, with analysts predicting similar moves by other real estate investors in Asia. (Nikkei montage/Source photos by Reuters and Yo Inoue)
Market Spotlight

Singapore REITs snap up Japan data centers amid AI boom

Acquisitions show investors' hunger in Asia for tech-related property assets

8 April 2024
Japan hosted a special summit meeting with ASEAN in December to commemorate 50 years of friendship and cooperation.
International relations

Japan 'most trusted' by ASEAN despite low influence, study shows

Southeast Asians doubt Tokyo's ability to take lead on global issues

7 April 2024
Singapore's Marina Bay Sands is set to begin expanding its downtown property next year. (Photo by Ken Kobayashi)
Travel & Leisure

Singapore's Marina Bay Sands to build fourth tower by 2029

After COVID delay, landmark casino resort to start hotel expansion next year

5 April 2024